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Previously on "Legal Pension Payment to Temp Current Account ?"

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  • SeanT
    replied
    Sure, but it'll be classed as a director's loan...

    Leave a comment:


  • BrilloPad
    replied
    Originally posted by hgllgh View Post
    Is it possible to make a pension payment to a personal/current account first whilst a decision is made as to where( in which pension wrapper and how) the money will be invested?
    No.

    Leave a comment:


  • SueEllen
    replied
    Originally posted by hgllgh View Post
    Is it possible to make a pension payment to a personal/current account first whilst a decision is made as to where( in which pension wrapper and how) the money will be invested?
    No.

    The money needs to go directly to the pension provider otherwise you are committing fraud with your accounts.

    Leave a comment:


  • WTFH
    replied
    Originally posted by hgllgh View Post
    Is it possible to make a pension payment to a personal/current account first whilst a decision is made as to where( in which pension wrapper and how) the money will be invested?
    Why not just leave it in your business account until you make that decision, or is there something you're not telling us?

    Leave a comment:


  • hgllgh
    started a topic Legal Pension Payment to Temp Current Account ?

    Legal Pension Payment to Temp Current Account ?

    Is it possible to make a pension payment to a personal/current account first whilst a decision is made as to where( in which pension wrapper and how) the money will be invested?
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